Volkswagen’s Ambitious Plan to Double Its US Electric Market Share

July 24th, 2024 by

Red and black 2024 VW ID.4 at quarter profile view parked on an urban street

Volkswagen has embarked on an ambitious mission to transform its presence in the United States. With a bold strategy aimed at doubling its market share by 2030, the iconic automaker is making significant strides in the electric vehicle (EV) market by forming strategic partnerships. Let’s delve into VW’s plans to achieve this impressive goal and explore the recent advancements in solid-state batteries that have the potential to revolutionize the automotive industry.

Leveraging New EVs and Iconic Brands

Volkswagen is betting heavily on its new lineup of electric vehicles to capture the hearts and driveways of American consumers. Among the most anticipated releases are the Scout-branded electric pickup and SUV. This revival of the rugged Scout brand is designed to appeal to the growing market for electric utility vehicles. Produced at a new $2 billion facility in South Carolina, the Scout EVs are expected to be game changers in their segments.

Additionally, VW is bringing a nostalgic favorite back to the future with the launch of the electric ID.Buzz—a modern take on the classic microbus. This vehicle promises to capture the spirit of the original while offering the latest in EV technology, including a longer wheelbase and a more powerful battery for the US market. Currently on display at the ‘Dead Forever Experience’ in Las Vegas, the ID.Buzz pays homage to VW’s history while looking forward to a sustainable future.

Strategic Partnerships

Volkswagen’s strategic partnership with Rivian, an emerging powerhouse in the EV market, is another critical component of its plan. Investing $5 billion into a joint venture with Rivian, VW aims to leverage new technology and software to enhance its offerings. Although this partnership won’t spawn new VW models immediately, the collaboration is expected to yield significant technological advancements that will attract US drivers.

Volkswagen’s Solid-State Battery Breakthrough

Volkswagen’s recent breakthrough in solid-state battery technology could be the catalyst that propels its EV ambitions even further. Teaming up with QuantumScape, VW aims to mass-produce all-solid-state batteries (ASSBs). These batteries promise several advantages over traditional lithium-ion batteries, including:

  • Increased Range: ASSBs can store more energy, allowing vehicles to travel further on a single charge.
  • Reduced Charge Times: Faster charging capabilities mean less downtime for drivers.
  • Improved Performance: Higher power density translates to quicker acceleration and potentially higher top speeds.

Volkswagen and QuantumScape plan to produce around 40 gigawatt-hours (GWh) worth of batteries annually, with the potential to scale up to 80 GWh. This capacity is enough to power one million cars, making it a significant milestone in VW’s EV strategy.

The solid-state batteries are made of ceramic separators and pure lithium-metal anodes, providing high energy and power density. This innovation is akin to supercharging Tony Stark’s reactor—it takes something powerful and makes it exponentially more so.

Volkswagen’s collaboration with Onsemi further enhances its battery technology. Onsemi’s silicon carbide-based power box solution will improve the performance, heat control, and efficiency of VW’s electric vehicles, enabling them to drive further on a single charge.

Be Part of Volkswagen’s Bright Future at Volkswagen of Macon!

Volkswagen’s goal to double its US market share by 2030 is ambitious, but with a clear strategy and innovative technology, it is well within reach. By leveraging new electric vehicles, strategic partnerships, and groundbreaking battery technology, VW is poised to lead the charge in the EV market.

At Volkswagen of Macon, we’re prepared for the electric revolution. Visit our dealership today and test drive the 2024 Volkswagen ID.4 Pro with up to 291 miles of all-electric range and discover the Jackson Advantage. Our team is eager to help you find your new Volkswagen!

Posted in Volkswagen News